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Daily Record
Daily Record
National
James Mullholland

Business expert who 'lost career' over Rangers fraud probe is suing for £7m

A business expert who is suing prosecutors and police for £7million told a court of the “catastrophic career-ending” moment he was arrested in a doomed Rangers fraud probe.

David Grier, 60, yesterday told judge Lord Tyre how his life changed after Police Scotland detained him in connection with his alleged involvement in criminal activity at the club.

The Court of Session heard Grier explain how he once had a high-flying job in financial services.

However, following his arrest, Grier said ­business contacts became ­“reluctant” to deal with him.

He said there was so much negative publicity surrounding his detention by police that he had to contact Google to remove information about him.

He told his lawyer Andrew Smith QC: ­“Unfortunately being arrested for fraud when you work in financial services is catastrophic – it’s a career ending moment.

“My connections that I had established over many, many years were suddenly not as encouraged to deal with me – for good reason because it’s very difficult to promote someone as a corporate adviser when you have a suspicion of fraud hanging over you.”

Grier was one of a number of men arrested during the investigation but subsequently cleared of any wrongdoing.

The hearing, which is expected to last three weeks, continues.

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